Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Sri Lanka - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Sri Lanka (CIF) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Sri Lanka
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Sri Lanka (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $5,721 per ton, shrinking by -47.7% against the previous year. In general, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 43%. The import price peaked at $13,418 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +1.3% per year.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Sri Lanka
In 2022, overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -21.4% to 32 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 223% against the previous year. As a result, imports attained the peak of 47 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves declined remarkably to $181K in 2022. In general, imports, however, posted a moderate expansion. The growth pace was the most rapid in 2020 when imports increased by 271%. As a result, imports reached the peak of $631K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.1 | 18.2 | 15.3 | 181 | 253.4% |
| China | 151 | 542 | 364 | N/A | 55.3% |
| United Kingdom | 2.0 | 60.1 | 53.0 | N/A | 414.8% |
| Others | 12.5 | 10.9 | 9.0 | N/A | -15.1% |
| Total | 170 | 631 | 441 | 181 | 2.1% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Sri Lanka in 2022:
- India (31.7 tons)
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